Law,Commerce.(especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind:Appliances are usually fungible—that is, they can be replaced with cash or a similar item of equal value. ...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook fungible things Dictionary Thesaurus Financial n. sometimes merely called "fungibles" they are goods which are interchangeable, often sold or delivered in bulk, since any one or load is as good as another. Grain...
Supplier Materials has the meaning set out in clause 8.1(g); Contractor Materials means Materials owned or developed prior to the provision of the Work, or developed by Contractor independently from the provision of the Work and without use of the Court Materials or Confidential Information. Biolog...
Also found in:Dictionary,Thesaurus,Financial,Encyclopedia,Wikipedia. Related to Fungible:Fungible things A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour. Fungible goods are those that can readily be estimated and ...
(Scots Law) Movable goods which may be valued by weight or measure, in contradistinction from those which must be judged of individually. --Jamieson. Meaning of Fungible from wikipedia - In economics and law, fungibility is the property of a good or a commodity whose individual units are ...
Chinese goods are expensive relative to Japanese goods. That has taken a toll on export volumes, and recent data confirms this. China YoY% Export Growth The major bite of zero-COVID inspired lockdowns started in the summer of 2022 – we can see from the above chart that exports crashed ...
the concept of non-fungible assets. TheWAXplatform from OpSkins allows users to trade NFTs in a decentralized marketplace and even create their own virtual stores.WAX recently even released a planfor exchanging physical goods through their marketplace that are directly tied to a non-fungible token...
“Gaming is really exciting, as you already have billions of people who are buying digital goods inside of games,” said Devin Finzer, CEO of OpenSea. The reason we haven’t yet seen an even wider adoption, said Finzer, is that “the development cycle is a little longer with games ...
While NFTs have been mostly linked to digital assets to date, fine art, luxury goods and other physical assets have the potential to be linked to NFTs. This ensures the provenance of the underlying asset but can also assist with increasing liquidity. Considering the collectible wine i...
Also found in:Dictionary,Thesaurus,Financial,Encyclopedia. Related to fungiblely:Fungible things A description applied to items of which each unit is identical to every other unit, such as in the case of grain, oil, or flour. Fungible goods are those that can readily be estimated and replaced...